China
Hong Kong's stock market ended higher Tuesday with the benchmark Hang Seng Index up 0.54 percent to close at 25,130.03 points.
The Hang Seng China Enterprises Index rose 0.39 percent to end at 9,075.60 points, and the Hang Seng Tech Index gained 0.38 percent to 5,606.83 points.
Hong Kong stocks close higher Tuesday
President of the Republic of Korea (ROK) Lee Jae Myung said on Wednesday that his country and China can build a mutually beneficial relationship amidst competitions.
At the invitation of Chinese President Xi Jinping, Lee will pay a state visit to China from Jan 4 to 7. It will be Lee's first visit to China since he took office in June 2025.
In an interview with the China Media Group (CMG) in Seoul, capital of the ROK, on Wednesday, Lee said that the ROK and China both place great importance on the development of high-tech fields, and this inevitably creates competitions between the two countries, but will also presents ample cooperation opportunities for both sides.
"To my knowledge, the Chinese government has made tremendous efforts in high-tech investment, research and development investment, and the talent cultivation in the field of basic research, just as the ROK has done. From this perspective, the ROK and China share similarities in economic growth strategies, which certainly creates competitions between the two countries, but it also presents broad cooperation opportunities for both sides. I believe that if we can explore areas for cooperation amid competitions and enhance our respective strengths through cooperation, we can build a mutually beneficial relationship that not only supports China's sustainable development strategy but also promotes ROK's growth strategy," Lee said.
ROK president eyes mutually beneficial relationship with China amid competitions
